Donald Trump's claim that he cut the federal budget deficit by 27% in one year is false, as there are no credible sources to show a 27% cut in the annual deficit in any single year under him, ...

The Peter G. Peterson Foundation, a nonpartisan budget watchdog, ran the numbers exclusively for Fortune.

"We won’t be able to fix the debt without touching Social Security, Medicare, defense, or revenue—the math just doesn’t work. And we can’t count on heroic growth rates or crashing interest rates," ...

The US economy has long been shielded from the unsustainability of its trade and budget deficits. It may not be for much ...

President Donald Trump’s first year of his second, nonconsecutive term brought all sorts of changes. His administration shuttered the United States Agency for International Development, had the ...

Prior to the passage of the One Big Beautiful Bill, Trump’s “growth” math stood a chance of closing the gap. Now it’s much ...

The Wall Street Journal published an op-ed on Friday under the name of President Donald Trump. Trump criticized experts who ...

President Donald Trump proposed on Wednesday the biggest US tax overhaul in three decades, calling for tax cuts for most ...

President Trump bragged Friday that his tariff blitz has “created an American economic miracle,” while blasting Democrats for handing him a “catastrophically” high budget deficit. Trump shared his ...

The highest nationwide estimate puts U.S. fraud losses at $521 billion. Even if all of that could be recouped, it would amount to less than a third of the 2025 deficit of $1.775 trillion. See the ...

A new Cato Institute analysis challenges long-held claims about immigration, finding that undocumented immigrants likely ...

Donald Trump’s tariffs are undercutting US firms, increasing costs, and scaring away foreign buyers and investment.